Russia

Crude Oil , Trade , International

Saudi Arabia Chafes at ‘False Promises’ on Oil Cuts from OPEC Partners

Moves to flout deal terms on oil cuts damage reputation of OPEC+, Saudi Arabia’s energy minister says.

September 17, 2020

International , Infrastructure , Construction , Pipelines

Newspaper: Germany Offered to Build LNG Terminals to Avert US Sanctions

German finance minister made the offer in early August, before the sanctions were imposed.

September 16, 2020

Exploration & Production , International

Russia to Build Up Half-Finished Oil Wells to Regain Market Share

DUCs are primed to operate when the OPEC+ deal expires, Russia’s energy minister says.

September 8, 2020

Policy & Regulations , Construction , Pipelines

No Nord Stream 2? No Problem for Germany, Economists say

Canceling the project would create a legal mess and higher costs but nothing Germany couldn’t handle, say experts.

September 8, 2020

International , Infrastructure , Construction , Pipelines

Navalny Poisoning adds Pressure for Germany to Rethink Nord Stream 2

Germany politicians demand a tough response from Merkel to the attempted murder of the Kremlin critic.

September 3, 2020

Exploration & Production , Crude Oil , Trade , International

OPEC August Oil Output Rises for Second Month as Supply Cut Eased

OPEC oil output has risen by about 1 million bbl/d in August, a Reuters survey found, as the group and allies eased record oil supply curbs.

September 2, 2020

Crude Oil , International

OPEC+ Oversupply Totals 2.31 MMbbl/d

Cartel would need to slash output to compensate for its May-July surplus.

August 20, 2020

Trade , International , Construction , Pipelines

EU ‘Highly Concerned’ by US Stance on Nord Stream Pipeline

Sanctions violate international law, 24 members say.

August 14, 2020

Discoveries

Russia’s Gazprom Neft Discovers Oil Field in Urals Region

The company said the Roshchinskoye oil field has “geological reserves” of 4 million tonnes (29.3 million barrels).

August 13, 2020

Trade , International , Infrastructure , Construction , Pipelines

Lobbying for Russian Pipeline Spikes in Washington

Lobbyists have disclosed little information about their activities.

August 4, 2020